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Nastasia [14]
3 years ago
12

Steinway produces concert grand pianos, often using the custom materials and designs desired by a specific customer. The average

price of these pianos runs about $50,000 depending on the exact piano. What type of pricing does Steinway most likely use for these pianos?
Business
1 answer:
vovangra [49]3 years ago
6 0

Answer:

Cost-Plus

Explanation:

Cost plus pricing is a system of determining the selling price of an item by adding a determined amount called mark-up to the total cost of producing the item.Its purpose is to ensure that cost are fully recovered and profit are also made.

In a less competitive environment like Steinway's own , where pianos are being produced to the specification of waiting customers , this  gives a good opportunity for cost plus marketing as threats from competitors are minimal or even nil.

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If during the year the portfolio manager sells all of the holdings of stock D and replaces it with 200,000 shares of stock E at
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Answer:

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where,

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Answer:

$36,070

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Given that,

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A recent national survey of U.S. adults revealed that 52% reported that they considered or made a career decision, such as looki
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The options for this answer are the following:

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